Security is the foremost thing to consider when it comes to trading goods. And if you are an organization that wants to export goods to the USA, you have to certify your company with the CTPAT training course introduced by the United States. Customs-Trade Partnership against Terrorism (CTPAT) is a voluntary supply chain security program led by the US CBP (Customs and Border Protection). This certification improves the security of private organizations by avoiding the term terrorism. The program was initiated in November 2001 by the seven initial participants. By December 2014, the number of participants was increased to 10854.
The CTPAT-certified organizations are required to follow the documented process to avoid risk throughout the supply chain. So the certification allows the organizations to trade goods without security risks. The program put the onus on companies to implement the best security practices to ensure the safety of goods entering the United States. There are several benefits of becoming CTPAT certified, but here in this article, we will highlight the top ones.
1.Opportunity to Work with Specialists: By Becoming CTPAT certified, you will work with specialists from CBP to identify and resolve security-related issues in your supply chain. You will also get access to an array of trading materials to ensure everyone in your organization follows proper security procedures. It will be beneficial if you are required to comply with industry-specific regulations.
2.Rapid Transportation of Goods: It is an open secret that the faster you can get your goods across the border, the quicker you can sell them. CTPAT Training Course allows you to achieve this goal by offering
Shorter wait times at the border,
Access to free and secure trade lanes at the borders with Mexico and Canada, fewer inspections,
Plus, the ability to skip ahead of non-certified containers in the queue and the ability to get your cargo released sooner.
All this helps to allow faster transportation of goods across the border.
3.Priority Considerations Following an Emergency: In the event of a terrorist attack or a natural disaster, CTPAT-certified organizations are eligible to resume business first. In other words, they get priority consideration for an emergency.
4.Lower Fines: You can save yourself from hefty fines by becoming CTPAT certified organization. For example, if there is an error in your import security filing, the penalty will be up to 50% less than the standard rate.
5.More business Opportunities: Many domestic companies prefer to work with CTPAT-certified importers. It enhances your brand image and offers you a competitive edge over other non-certified competitors.
6.Site Security: Internal and external thieves tend to go for the lowest-hanging fruit. Putting CTPAT compliance practices in place can save your company from potential thefts. It results in lower losses from theft and insurance premiums.
7.Personnel Security: The CTPAT training course will deter questionable personnel from applying and decreases your chances of hiring someone illegally. These things will improve your overall image and the integrity of your workforce.
8.Data Security: By following CTPAT security norms, you can safeguard your company's systems from security breaches and eradicate the chances of unpleasant incidents like data theft.